Oct 17, 2017 11:30 am UTC| Technicals
Cable has shown a slight jump in European session after better than UK inflation data. Britains inflation rose to 3% Y-O-Y in Sep compared to 2.9% previous month. But Retail Price Index rose only 0.1% compared to forecast...
Oct 17, 2017 11:18 am UTC| Technicals
USD/CHF has shown a minor jump in today morning after making a low of 0.97298. The pair has made a temporary top around 0.98350 and any bullish continuation only above 0.98350 level. Intraday trend of the pair is still...
FxWirePro: Bearish divergence and major trendline breach raise scope for downside in EUR/JPY
Oct 17, 2017 10:45 am UTC| Technicals
EUR/JPY has broken major trendline support at 132.40, bias lower. Momentum studies are bearish, RSI below 50, Stochs biased lower. We see bearish divergence on RSI and Stochs which raises scope for...
FxWirePro: EUR/GBP choppy below 100-DMA, bias lower, stay short
Oct 17, 2017 09:52 am UTC| Technicals
EUR/GBP extends choppy trade below 100-DMA, down 0.35% on the day trading at 0.8871. The pair was rejected at 50-DMA in previous weeks trade and is extending downside. Bias still bearish, Stochs have turned lower...
FxWirePro: Aussie stalls RBA minutes-led slide, AUD/USD edges higher from session lows at 0.7833
Oct 17, 2017 09:30 am UTC| Technicals
Aussie was under pressure after RBA minutes revealed that any policy change would be dependent on domestic economic conditions. The minutes also took note of the disinflationary impact of the strong Aussie dollar,...
Oct 17, 2017 09:25 am UTC| Technicals Insights & Views
The flurry of bearish streaks in Gold prices was traced out just a fortnight ago that has evidenced considerable price slumps, while the consolidation phase in the major trend also seems to have been exhausted at around...
FxWirePro: EUR/USD trades lower on speculations of Hawkish Fed candidate, good to sell on rallies
Oct 17, 2017 09:17 am UTC| Technicals
EURUSD drifted lower in the Asian session on rumor that Fed President Trump got impressed by hawkish Fed candidate. The pair has convincingly broken psychological support 1.1800 and declined till 1.17562. The report...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects